Best Tax Deductions to Claim for Adult Industry Workers
Adult industry Workers provide a variety of exotic dancing, stripping or escort services.
Employment Profile
- Average weekly pay: $2,300
- Employment size: 21,000
- Future growth: Stead
- Skill level: N/A
Typical tax deductions include:
- Motor vehicle travel visiting clients or attending different workplaces.
- Overnight travel expenses visiting clients or attending different workplaces.
- Home office occupancy costs if seeing clients at home – includes % of rent, mortgage interest, rates, insurance, etc.
- Advertising the business in the adult industry.
- Costumes, lingerie, fetish equipment and adult novelties.
- Rent of premises for working.
- Consumables including condoms, lubricants, gels, oils and tissues – if used solely for income earning purposes.
- Stage make-up and products.
- Dance lessons to maintain existing dance skills, or to learn new dance skills.
- Computers, televisions, video recorders, and stereos.
- Phone and internet – work %.
- Handbags, briefcases and satchels.
- Gifts to clients.
Non-deductible expenses:
- Every day clothes including shoes, dresses, skirts, blouses, etc.
- Fitness costs.
- Hairdressing, make-up or facials.
Tax Strategies we can assist you with.
- Home office occupancy expenses
- Self-education expenses
- Computers, tools, equipment and other assets
- Logbook for motor vehicles
- Gifts to clients, suppliers and contractors
- Phone and internet
- Handbags, briefcases and satchels
- Overnight travel expenses
Click here to see Tax Calculator for Adult Industry Workers.
Stephen is the CEO of Accountants Direct and is a Professional Director, ASIC Agent, Startup Advisor & Investor & Capital Raising Specialist.
Contact Stephen or his team if you have any questions about this post or any business matter in general.
